Avangrid Surpasses 11 GW of Installed Capacity Across U.S. Portfolio

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03/19/2026

Avangrid Surpasses 11 GW of Installed Capacity Across U.S. Portfolio

Company operates nearly 100 generation projects from coast to coast, capable of powering more than 3 million homes

ORANGE, Conn. — March 19, 2026 — Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it has surpassed 11 Gigawatts (GW) of installed capacity across its 25-state portfolio which includes nearly 100 operating U.S. energy projects. This milestone reflects Avangrid’s continued investment in U.S. energy generation while supporting the nation’s growing energy needs, bolstering regional economies, and empowering local communities.

“Eclipsing 11 GW of installed capacity is a powerful demonstration of Avangrid’s long‑term commitment to meeting the nation’s growing energy needs with reliable, responsible generation,” said Avangrid CEO Jose Antonio Miranda. “This milestone reflects years of investment, operational excellence, and collaboration with communities across the U.S. Not only are we proud of the power our fleet delivers, but the impact that we make as a trusted member of every city, county, and township we operate in.”

Avangrid’s growing portfolio is helping to meet a surge in energy demand across the country brought on by the proliferation of data centers powering the country’s AI revolution, combined with the development of new onshore manufacturing and ongoing electrification initiatives.

Recent additions to Avangrid’s installed capacity include:

The company maintains a pipeline of development projects with a variety of generation technologies to support future growth across the country.

While Avangrid projects reliably and safely produce electricity for homes, businesses, and industry, they are also important economic drivers. In 2025, Avangrid’s onshore projects paid a combined $61 million in local tax revenue, supporting public services including education and public safety. Additionally, the company supported over 80 local non-profit organizations on behalf of its operating projects last year, reinforcing its commitment to uplifting and empowering the communities where it operates.

In 2025, Avangrid’s fleet of projects generated 25,058 GWh of electricity. The Company owns and operates a mix of generation resources that contribute to its 11 GW of installed capacity, including wind, solar, hydropower, natural gas, and fuel cells.

About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine, and Oregon, including operations in 25 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates seven electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 80 energy generation facilities across the United States producing more than 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2025 for the fifth consecutive year. The company was named among the World’s Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.

With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.